Cinedigm (NASDAQ:CIDM) Research Coverage Started at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Cinedigm (NASDAQ:CIDM) in a report released on Wednesday. The firm set a “hold” rating on the stock.

Cinedigm Stock Down 1.2 %

Shares of NASDAQ CIDM opened at $0.82 on Wednesday. The business’s 50 day moving average price is $0.82 and its two-hundred day moving average price is $1.05. The company has a market cap of $153.27 million, a PE ratio of -16.40 and a beta of 2.05. Cinedigm has a twelve month low of $0.27 and a twelve month high of $0.79.

Cinedigm Company Profile

Cineverse Corp. is a global streaming technology and entertainment company. It owns and operates streaming channels, all powered by its advanced, proprietary technology platform. The firm currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels.